Microsoft Word 2007 ichrie conference Proceedings Final-Final 06-06-07. doc

 
2007 Annual International CHRIE Conference & Exposition 
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region (in this case the surrounding counties of the Blue Ridge Parkway). Thus, average nonresidents’ spending 
profiles were used for calculating the economic impacts based on the ‘new money’ concepts in the tourism areas. 
Nonresidents were defined as travel parties living outside or coming from counties/states outside of the defined 
regions.
In order to assess economic effects of the overall impact on the regional economy, estimates of total 
expenditures attributed to Parkway visits were simulated by multipliers (retrieved from the IMPLAN system). The 
main outputs of this model were distributed among numerous industries and included: total industrial output, 
employee incomes, property income, employment numbers, and total value-added.